Dish to Take Charge on Blockbuster U.K. Entity

By

Shalini Ramachandran

Feb. 15, 2013 10:09 a.m. ET

Dish Network Corp. said in a regulatory filing Friday morning that it will take a $46 million pretax charge related to its Blockbuster U.K. entity, which in January called in administrators to liquidate its assets after failing to find a buyer.

Both the U.K. and U.S. arms of Blockbuster have struggled to maintain relevance with the rise of competing DVD rental and movie streaming services like Netflix Inc. as well as video-on-demand services. The administration process that the U.K. segment is undergoing is similar to the...